While speaking at a conference in Frankfurt on Thursday, Dutch Central Bank chief and European Central Bank Governing Council Klaas Knot argued that financial conditions are not currently an impediment to growth or to a rise in inflation in the eurozone.
"Policymakers should act with more caution in using unconventional tools subject to more uncertainty, act more forcefully with conventional instruments," Knot added.
The EUR/USD pair edged higher in the last minutes and turned flat on the day at 1.1005.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.